Listed by Westlake Associates, Inc., Bought with Madison Avenue Realty
NOT LISTED FOR SALE
3 Beds
3 Baths
8,700 Sq Ft
6,000 Sq Ft Lot

Sale Details

Date Sold: January 29, 2014

Last sale price $2,150,000 $247 Per Sq Ft

Highlights

  • City View
  • Gated Home
  • 4-minute walk to Summit Slope Park
  • Garfield High School Rated A
  • Wood Siding

About This Home

As of January 2014

Do not disturb the tenants. Originally constructed in 1959 by a live-in owner. The property offers a number of features including spacious units with built-in cabinetry throughout the living areas. There are hardwood floors in units, and the westerly two-bedroom units include washer and dryer hookups, large utility rooms, decks, and views of the city. The common areas include secure, gated access for residents, covered parking for five vehicles, and a coin-op laundry facility.

Last Agent to Sell the Property

David Petersen

Westlake Associates, Inc. License #7352 Listed on: 10/17/2013

Last Buyer's Agent

Vijya Patel

Madison Avenue Realty License #9543

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 556687

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,109

Year Built

  • Built in 1959

Lot Details

  • 6,000 Sq Ft Lot
  • Gated Home

Home Design

  • Bitumen Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 8,700 Sq Ft Home
  • 2-Story Property
  • City Views

Community Details

  • Capitol Hill Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8804901120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,109

Year Built

Built in 1959

Lot Details

6,000 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1959
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 8700
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Torch Down
  • View: City
  • View: Yes
  • Waterfront: No
  • Exterior Features: Stone, Wood

Garage/Parking

  • Carport Spaces: 5
  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 5

Utilities

  • Sewer: Sewer Connected
  • Security: SecurityGate
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 8804901120
  • Lot Size Acres: 0.1377
  • Lot Size Sq Ft: 6000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Gated Entry
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: Washer/Dryer
  • TotalMonthlyIncome: 14692

Tax Info

  • Year: 2013
  • Tax Annual Amount: 15109

Multi Family

  • Number Of Units Total: 12
  • UnitsBelowGrade: true

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2013
Closed on
Jan 27, 2014
Sold by
Bought by
Seller's Agent
David Petersen
Westlake Associates, Inc.
Buyer's Agent
Vijya Patel
Madison Avenue Realty
List Price
$2,195,000
Sold Price
$2,150,000
Premium/Discount to List
-$45,000
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,612,500
Interest Rate
4.45%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
4.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 20, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.21%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,147,600 Fidelity Natio
$598,800 Pacific Nw Tit
$1,498,350 Pacific Nw Tit
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,370,000
Closed $1,612,500
Previous Owner $1,050,000
Previous Owner $900,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/29/2014 01/29/14 Sold $2,150,000 -2.1% $247 / Sq Ft
10/17/2013 10/17/13 For Sale $2,195,000 -- $252 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $32,051 $3,116,000 $2,400,000 $716,000
2024 $30,559 $3,202,000 $2,400,000 $802,000
2023 $31,225 $3,665,000 $2,400,000 $1,265,000
2022 $32,160 $3,727,000 $2,220,000 $1,507,000
2021 $34,652 $3,539,000 $2,220,000 $1,319,000
2020 $32,423 $3,630,000 $2,400,000 $1,230,000
2018 $27,376 $2,987,000 $2,070,000 $917,000
2017 $25,274 $2,791,000 $2,130,000 $661,000
2016 $20,494 $2,665,000 $780,000 $1,885,000
2015 -- $2,100,000 $780,000 $1,320,000
2014 -- $1,894,000 $780,000 $1,114,000
2013 -- $1,660,000 $750,000 $910,000
Source: Public Records

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 556687

Northwest Multiple Listing Service (NWMLS)
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